Government officials fueling demand for Moscow luxury apartments

Published on Dec 26, 2013 | Updated on Jun 5, 2014

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Government officials bought up about 1 in 4 high-end apartments sold in Moscow in December, and accounted for 60 percent of sales in the $1 million to $2 million range, according to a report from Kalinka Real Estate Consulting Group, The Moscow News reports. Source: themoscownews.com.

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